A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 7 years at $1,240.70, and currently sell at a price of $1,412.82. What are their nominal yield to maturity and their nominal yield to call? Do not round intermediate caiculations. Round your answers to two decimal places. rTM: Yrc: What return should investors expect to earn on these bonds? 1. Investors would not expect the bonds to be called and to earn the YTM because the YTM is fess than the YTC. II. Investors would expect the bonds to be called and to earn the VTC because the YTC is less than the VTM. III. Investors would expect the bonds to be called and to earn the YTC because the VTC is greater than the VTM. IV. Investors would not expect the bends to be called and to earn the VTM because the VTM is greater than the VTC